2014 GEL to GMD Historical Review

YEARLY HIGH

24.7657 GMD

YEARLY LOW

21.4366 GMD

YEARLY AVERAGE

22.6675 GMD

2014 GEL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 24.7657. Conversely, the yearly low was recorded on January 23, dropping to 21.4366.

This high-to-low spread represents a total annual volatility of 3.3291 GMD. From a start-to-finish perspective, comparing the January average rate of 21.6055 to the December average rate of 24.1949, the exchange rate registered a net change of 11.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 24.7657 was up 9.61% compared to the 2013 peak of 22.5943, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 123,829 GMD

2013 Average 101,667 GMD

Yearly Trough Low 107,183 GMD

Transaction Impact: A difference of 16,645.43 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

24.5903

21.3341

JanuMarcMayJulySeptNove

GEL to GMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 22.0392, compared to 23.2958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2566 points.

H1 Avg (Jan–Jun) 22.0392

H2 Avg (Jul–Dec) 23.2958

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 2.0590 GMD (High: 24.5637 / Low: 22.5046). On the other end, March was the most stable month, with a tight range of 0.1629 GMD (High: 21.8751 / Low: 21.7122).

October Spread (Volatile) ±2.0590

March Spread (Stable) ±0.1629

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1567 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 24.3189) against the same month in 2013 (average: 20.5770), the exchange rate shifted by +3.7420 (+18.19%).

2014 Avg (November) 24.3189

2013 Avg (November) 20.5770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.8313	21.4366	21.6055
February	22.0236	21.4699	21.7642
March	21.8751	21.7122	21.7932
April	22.5977	21.5741	22.1120
May	22.5566	22.3836	22.4973
June	22.6128	22.3789	22.4627
July	22.7206	22.3787	22.5105
August	22.8892	22.6750	22.7912
September	22.8805	22.5163	22.6344
October	24.5637	22.5046	23.3247
November	24.7657	23.8408	24.3189
December	24.4987	23.5311	24.1949